Member Info for Cheerfuldoor

I wondered what would happen over at Pasofino further to the delist. Dan Betts and Thomas Hill seem to be involved in more shenanigans based on recent RNS. At least the Pasofino Directors seem to be looking out for their independent shareholders, unlike ours.

I didn’t sell (most) of my shares here. Anyone interested in staying connected to exchange any info on what happens as holders in a private company?

More fool me for investing here, I remember an investor presentation a while ago with former Chair Russel King all about ‘trust’ and this company.

I have signed just up for the investor call.

I see the presenters are new CEO Geoff, Tom Hill, James Husband.

Looks like Dan is a no show

Same here Guvvi. Here’s hoping there’s a rabbit in the hat for us long suffering holders.

This was shared on the other board by Jedi, the hole in the ground appears to be getting bigger: https://www.linkedin.com/posts/nouhan-toure-902188183_seul-le-travail-paie-lhomme-corica-mining-activity-7256740078360629248-zUPb?utm_source=share&utm_medium=member_ios

Maybe the gold price will clear the Hum Q2 ASIC of $2598 today.

I see the oil price has also come down a bit, every little helps here

I‘ll take it - well done Dan

Thank goodness the gold price is holding up

I did notice in the latest investor presentation that development ore from KE underground is expected in H1. I wonder if this will perk up the Yan grade a little. Or daring to dream - could there be a blockbuster commercial production at two mines announcement this week! Here’s hoping

I don’t think it’s Q2 we’re waiting for, this will be broadly disappointing (bar a new Yan issue which would make them very disappointing) it’s all about are we at commercial production before we run out of the banks money.

I think there was a debate on the Kouroussa AISC earlier, I‘m rereading the June investor presentation again and it says ‘c. US$1000oz/lom’. This is decent, but the watch out is Yanfolila didn’t deliver on its ‘low cost’ descriptor due to lower than forecast production. Anyway, let’s hope we get news of commercial production soon so I can stop biting my finger nails

Backmarker gave me a laugh on the other board, what’s the betting on commercial production being further delayed due to Cloudstrike.

Or middling with promises of jam tomorrow.

More realistic: expect Hum to announce an unexpected banana skin which will adversely impact business performance…but turnaround imminent

I’m a bit confused where we are personally. During the Corica stoppage I believed ETASI were still operating with a single fleet. I’m a bit unclear who mined what from whatever counted as the restart. Anyway, here’s hoping the gold is in the ground and enough of it is now out of the ground to declare commercial production.

Another depressing week. I also struggle to see how a $2M investment for 2% of Pasofino made sense given that company’s valuation. As a Hum only holder the timing and dilution seemed hurt for little benefit.

I was looking through the Pasofino Board members earlier. Hadn’t realised Dan was now Pasofino Chairman (with Thomas Hill also a Director)

The one year anniversary (9th June) has passed since first gold was poured ‘on time and on budget’. Let’s hope they are at commercial production now and busy drafting the RNS

I see there’s an updated presentation on the website today, for the 121 investment conference.